It sure is fun. The latest idea being requiring any crypto asset provider who offers their assets to register as a legal entity in a EU member state. So, if some EU resident wants to buy some token released by someone on Uniswap, that someone has to register as a crypto asset provider in some EU member state.

What an utterly laughable notion. Caveat emptor is a much better idea. If you don't have appetite for risk, then don't blindly invest in token X created by an unknown entity. It's much better for a culture of taking responsibility for your own choices to develop. Besides, suppose some EU organ tried to bring charges against an issuer of a token on some DEX on Ethereum. How could they possibly identify that person? But I suppose regulators might try and develop methods to do that, which in turn will result in further innovation to skirt regulation on part of the issuers. A game of cat and mouse.

At some point, it comes time to decentralize the entire Internet infrastructure including ISPs and name services.

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